RHB Retail Research
Trading Stocks - FoundPac Group
FoundPac Group may rise higher after it breached above the MYR0.34 threshold. Yesterday’s white candle sent the stock to its 5-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.34 level, with an exit set below the MYR0.30 threshold. Towards the upside, the immediate resistance is at the MYR0.37 level. This is followed by the MYR0.39 level.
Source: RHB Securities Research - 5 Jul 2019
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